Signs of seasonal inventory growth return in strained housing market
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels
by Daniel Houston Jul 19
If home prices don't cool, watch for Fed tightening and rising mortgage rates
Fannie Mae economists warn rising rents and record home price appreciation could help fuel inflation
by Matt Carter Jul 19
New restrictions on Fannie, Freddie refis blamed for tighter mortgage credit
After 6 months of easing, credit availability tightened by 8.5% in June
by Matt Carter Jul 16
Transitioning into summer, high-end properties are seeing a cool down
As the official start to summer approaches, agents say the market is less chaotic, and more high-end luxury properties seem to be available and lingering on the market
by Lillian Dickerson Jul 16
First-time buyers still eager, despite snags on path to homeownership
A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals
by Daniel Houston Jul 16
What’s happening in today’s luxury real estate market?
Opinion
A luxury real estate broker shares his take on the market, what he's seeing in his neck of the woods, plus how he's pivoting his focus to get more sellers
by Latham Jenkins Jul 16
Percentage of all-cash home purchases in US soars to 30%
That figure represents the largest share of homes purchased in all cash since 2014, according to Redfin
by Lillian Dickerson Jul 15
Housing inventory shortage could ease later this year: report
Tech firm and brokerage HouseCanary found a shrinking gap between the number of new listings and the number of listings going under contract — a potential sign of an improving inventory landscape
by Jim Dalrymple II Jul 15
June home sales see largest decline since 2012: Redfin
Homes also sold at their priciest and at their quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021
by Lillian Dickerson Jul 15
'Summer swoon': Mortgage rates dip further in mid-July throughout US
The average interest rate on a 30-year fixed rate mortgage dipped further this week, according to data from Freddie Mac
by Daniel Houston Jul 15
Why baby boomers have such a huge influence on real estate trends
While one subset of baby boomers is flocking to the rental market, another is hesitant to sell
by Libertina Brandt Jul 14
Dip in rates boosts demand for mortgages
Applications for purchase loans and refinancing both up during holiday-shortened week
by Matt Carter Jul 14
Bidding wars begin to cool as more home inventory comes online
Buyer fatigue and a growing home inventory may have contributed to a reduction in bidding wars in June, according to Redfin agents
by Daniel Houston Jul 13
Hispanics most likely to get family help to buy a home: Redfin
52% of Hispanic homeowners said they lived with family or friends without paying rent to save for housing costs, according to a new report
by Andrea V. Brambila Jul 13
Delinquency rate hits lowest level seen in a year: CoreLogic
4.7% of mortgages were delinquent in April 2021, a significant drop from the start of the pandemic
Buyers could see more affordable homes in the next 6 months
A recent Homes.com survey found that most prospective sellers plan to list homes valued at less than $300K
by Andrea V. Brambila Jul 12